The North American Journal of Economics and Finance

1992 - 2025

Continuation of North American Review of Economics and Finance.

Current editor(s): Hamid Beladi

From Elsevier
Bibliographic data for series maintained by Catherine Liu ().

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Volume 53, issue C, 2020

Evaluating the sustainability of Italian public finances

Alessandro Piergallini and Michele Postigliola

Foreign direct investment and financial markets influences: Results from the United States

Burhan F. Yavas and Rama Malladi

The impact of appointment-based CEO connectedness on firms’ performance and profitability

Yi-Hsin Chien and Mao-Wei Hung

Jump probability using volatility periodicity filters in US Dollar/Euro exchange rates

Chae-Deug Yi

VIX forecasting based on GARCH-type model with observable dynamic jumps: A new perspective

Gaoxiu Qiao, Jiyu Yang and Weiping Li

Compensation for illiquidity in China: Evidence from an alternative measure

Yiming Zhang and Guanying Wang

Anomalies in emerging markets: The case of Mexico

Polux Diaz-Ruiz, Renata Herrerias and Aurelio Vasquez

Do actively managed mutual funds exploit stock market mispricing?

Jaeram Lee, Hyunglae Jeon, Jangkoo Kang and Changjun Lee

Alternative estimation method of earnings growth rate for PEGR strategy

Ming-Hui Wang, Mei-Chu Ke, Tung Liang Liao, Yi-Chein Chiang and Chuan-Hao Hsu

Directors’ prior life experience and corporate donations: Evidence from China

Zhong-qin Su, Yuyang Xu, Zuoping Xiao and Hung-Gay Fung

Forecast on silver futures linked with structural breaks and day-of-the-week effect

Wenlan Li, Yuxiang Cheng and Qiang Fang

Insider, outsider and information heterogeneity

Deqing Zhou and Wenjie Wang

Can crude oil drive the co-movement in the international stock market? Evidence from partial wavelet coherence analysis

Kai Wu, Jingran Zhu, Mingli Xu and Lu Yang

Financial innovation and bank growth: The role of institutional environments

Chien-Chiang Lee, Chih-Wei Wang and Shan-Ju Ho

Time-dependent lead-lag relationships between the VIX and VIX futures markets

Yan-Hong Yang and Ying-Hui Shao

The Fama-French’s five-factor model relation with interest rates and macro variables

André Luis Leite, Marcelo Klotzle, Antonio Carlos Figueiredo Pinto and Claudio Henrique da Silveira Barbedo

Does transparency of central banks communication affect credit market? Empirical evidence for advanced and emerging markets

Bruno Tiberto, Claudio de Moraes and Paloma Pio Corrêa

Preemptive bidding in common value takeover auctions: Social surplus and the target’s revenue

Anna Dodonova and Yuri Khoroshilov

When do retail investors pay attention to their trading platforms?

David Y. Aharon and Mahmoud Qadan

Modeling non-normal corporate bond yield spreads by copula

Jong-Min Kim, Dong H. Kim and Hojin Jung

The impact of fertility policy on the actuarial balance of China’s urban employee basic medical insurance fund–The selective two-child policy vs. the universal two-child policy

Yuantao Xie, Haichun Yu, Xin Lei and Arthur Jin Lin

Accessibility of financial services and household consumption in China: Evidence from micro data

Quanyun Song, Jie Li, Yu Wu and Zhichao Yin

Market effects of private equity placement: Evidence from Chinese equity and bond markets

Jinyan Shi, Conghui Yu, Sicen Guo and Yanxi Li

The financial investment decision of non-financial firms in China

Chengsi Zhang and Ning Zheng

Forecasting stock market returns: New technical indicators and two-step economic constraint method

Zhifeng Dai, Xiaodi Dong, Jie Kang and Lianying Hong

The role of insurance growth in economic growth: Fresh evidence from a panel of OECD countries

Nicholas Apergis and Thomas Poufinas

Dynamic behaviors and contributing factors of volatility spillovers across G7 stock markets

Xianfang Su

Volume 52, issue C, 2020

Endogenous network efficiency, macroeconomy, and competition: Evidence from the Portuguese banking industry

André Bernardo Alves, Peter Wanke, Jorge Antunes and Zhongfei Chen

The economic and financial properties of crude oil: A review

Korbinian Lang and Benjamin R. Auer

Optimal effort in the principal-agent problem with time-inconsistent preferences

Ying Wang, Wenli Huang, Bo Liu and Xiaohong Zhang

Identifying the impact of geographical proximity on spillover effect of FDI: The evidence from Indian local firms’ performance gains

Young Chul Song and Sung Hyun Son

Impact of volatility jumps in a mean-reverting model: Derivative pricing and empirical evidence

Hsin-Yu Chiu and Ting-Fu Chen

Is corporate tax avoidance associated with investment efficiency?

Mohammed Asiri, Ahmed Al-Hadi, Grantley Taylor and Lien Duong

Does going public in the U.S. facilitate corporate innovation of foreign firms?

Kelly Cai and Hui Zhu

The impact of the logistics service standardization on firm value: Evidence from China

Jianhua Tan, Lina Yan and Kam C. Chan

Probability of default in collateralized credit operations for small business

Jaimilton Carvalho, Jaime Orrillo and Fernanda Rocha Gomes da Silva

Oil price uncertainty and movements in the US government bond risk premia

Mehmet Balcilar, Rangan Gupta, Shixuan Wang and Mark Wohar

Interrelations in market fears of U.S. and European equity markets

Ghulam Sarwar

Industry risk transmission channels and the spillover effects of specific determinants in China’s stock market: A spatial econometrics approach

Na Chen and Xiu Jin

Investment decisions and debt financing under information uncertainty

Hwa-Sung Kim

The blind power: Power-led CEO overconfidence and M&A decision making

Hwang, Hyoseok (David), Hyun-Dong Kim and Taeyeon Kim

Risk decomposition, estimation error, and naïve diversification

Paul J. Haensly

Positional momentum and liquidity management; a bivariate rank approach

Akram Panahidargahloo

Forecasting the Chinese stock market volatility with international market volatilities: The role of regime switching

Yaojie Zhang, Likun Lei and Yu Wei

Explicit expressions to counterparty credit exposures for Forward and European Option

Shuang Li, Cheng Peng, Ying Bao and Yanlong Zhao

Stock prices, dividends, and structural changes in the long-term: The case of U.S

Vicente Esteve, Manuel Navarro-Ibáñez and Maria Prats

Asymmetric determinants of corporate bond credit spreads in China: Evidence from a nonlinear ARDL model

Xiao-Lin Li, Xin Li and Deng-Kui Si

Asymmetric dependence structures for regional stock markets: An unconditional quantile regression approach

Xiyong Dong, Changhong Li and Seong-Min Yoon

Holidays, weekends and range-based volatility

Ana-Carmen Díaz-Mendoza and Angel Pardo

Diamonds in the rough: The value of scouting for early-stage funding

Diego Amaya, Michael Brolley and Brian F. Smith

Predictability in international stock returns using currency fluctuations and forward rate forecasts

Jiexin Wang, Xue Han, Emily J. Huang and Chris Yost-Bremm

Factors affecting delinquency of household credit in the U.S.: Does consumer sentiment play a role?

Ikm Mokhtarul Wadud, Huson Ali Ahmed and Xueli Tang

Time-varying lead–lag structure between investor sentiment and stock market

Can-Zhong Yao and Hong-Yu Li

Returns, volatility and spillover – A paradigm shift in India?

Shubhasis Dey and Aravind Sampath

The role of credit supply shocks in pacific alliance countries: A TVP-VAR-SV approach

Carlos Guevara and Gabriel Rodríguez

Growth option, debt maturity and cash reserves with bank-tax-interaction

Pengfei Luo, Biao Chen and Fengjun Liu

Nonlinear dynamics of gold and the dollar

Qing He, Yongxiu Guo and Jishuang Yu

Visiting the effects of oil price shocks on exchange rates: Quantile-on-quantile and causality-in-quantiles approaches

Yonghong Jiang, Qidi Feng, Bin Mo and He Nie

Tornado activity, house prices, and stock returns

Michael Donadelli, Marcus Jüppner, Antonio Paradiso and M. Ghisletti

Empirical modeling of high-income and emerging stock and Forex market return volatility using Markov-switching GARCH models

Miguel Ataurima and Gabriel Rodríguez

Does inflation targeting cause financial instability?: An empirical test of paradox of credibility hypothesis

Umar Musa and Wen Jun

Improving the realized GARCH’s volatility forecast for Bitcoin with jump-robust estimators

Jui-Cheng Hung, Hung-Chun Liu and J. Jimmy Yang

The effect of short-sale restrictions on the information transmission of extended index futures trading

Janchung Wang, Shih-Kuo Yeh and Bo-Ting Wang

Trade integration in the European Union: Openness, interconnectedness, and distance

Iván Arribas, Sami Bensassi and Emili Tortosa-Ausina

Why cryptocurrency markets are inefficient: The impact of liquidity and volatility

Khamis Hamed Al-Yahyaee, Walid Mensi, Hee-Un Ko, Seong-Min Yoon and Sang Hoon Kang

Liquidity and firm value in an emerging market: Nonlinearity, political connections and corporate ownership

Yee-Ee Chia, Kian-Ping Lim and Kim-Leng Goh

Creditor protection, shareholder protection and investment efficiency: New evidence

Quoc Trung Tran

Does bank capitalization matter for bank stock returns?

Qiubin Huang, Jakob de Haan and Bert Scholtens

Impact of CEO-board social ties on accounting conservatism: Internal control quality as a mediator

Meiqun Yin, Jidong Zhang and Jing Han

Exchange rate regimes and market integration: evidence from the dynamic relations between renminbi onshore and offshore markets

Xiaoli Wan, Yuruo Yan and Zhixiong Zeng

Efficient predictability of stock return volatility: The role of stock market implied volatility

Zhifeng Dai, Huiting Zhou, Fenghua Wen and Shaoyi He

Risk dependence and cointegration between pharmaceutical stock markets: The case of China and the USA

Xinmiao Zhou, Huanhuan Qian, Jorge Pérez-Rodríguez and Beatriz González López-Valcárcel

Convertible tranche in securitization

Xiong Zhang

Price gap anomaly in the US stock market: The whole story

Alex Plastun, Xolani Sibande, Rangan Gupta and Mark Wohar

The impact of oil on equity returns of Canadian and U.S. Railways and airlines

Robert N. Killins

News sentiment, credit spreads, and information asymmetry

Shanxiang Yang, Zhechen Liu and Xinjie Wang

News will tell: Forecasting foreign exchange rates based on news story events in the economy calendar

Hamed Naderi Semiromi, Stefan Lessmann and Wiebke Peters

Analysis of the impact of Sino-US trade friction on China’s stock market based on complex networks

Yanshuang Li, Xintian Zhuang, Jian Wang and Weiping Zhang